Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Collision Avoidance Sensors Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Collision Avoidance Sensors Market?
The market size of collision avoidance sensors has seen swift expansion in recent years. It is projected to rise from $5.34 billion in 2024 to $5.89 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%.
What Is the Forecasted CAGR for the Collision Avoidance Sensors Market by 2029?
The Collision Avoidance Sensors Global Market is forecasted to grow to a size of $8.72 billion in 2029. This growth corresponds to a compound annual growth rate (CAGR) of 10.3%.
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What Are the Market Drivers in the Collision Avoidance Sensors Industry?
The key drivers in the collision avoidance sensors market are:
• Growing utilization of autonomous vehicles
• Increasing new car evaluation programs
• Advancements in sensor technology and the integration of technologies like LiDAR and radar
• Expansion in the automotive and transportation applications, and IoT connectivity.
What Is the Segment-Wise Breakdown of the Collision Avoidance Sensors Market?
The collision avoidance sensors market covered in this report is segmented –
1) By Technology: Radar, Camera, Ultrasound, LIDAR
2) By Applications: Lane Departure Warning System, Blind Spot Detection, Adaptive Cruise Control, Parking Assistance, Forward Collision Warning System, Autonomous Emergency Braking, Other Applications
3) By End Users: Aerospace And Defense, Automotive, Marine, Other End Users
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Which Emerging Trends Are Driving Growth in the Collision Avoidance Sensors Sector?
The key trends in the collision avoidance sensors market are:
• Advancements in sensor technology shape the future of the collision avoidance sensors market.
• The use of advanced technologies such as LiDAR and radar is a significant trend.
• The market is being influenced by the expansion in automotive and transportation applications.
• The impact of Internet of Things (IoT) and connectivity is a growing trend in the market.
Which Companies Are Dominating the Collision Avoidance Sensors Market in Terms of Revenue?
Major players in the collision avoidance sensors market are:
• Siemens AG
• General Electric
• Continental AG
• Luminar Technologies Inc.
• NTT Data Corporation
• Aptiv PLC
• Alstom SA
• Collins Aerospace
• Texas Instruments Incorporated
• St Microelectronics NV
• NXP Semiconductors N.V.
• Autoliv Inc.
• Wabtec
• Hexagon AB
• Saab AB
• Sensata Technologies Inc.
• Donaldson Company Inc.
• SZ DJI Technology Co. Ltd.
• Magna International Inc.
• Ouster Inc.
• Aceinna Inc.
• Robert Bosch GmbH
What Are the Regions Driving Demand in the Collision Avoidance Sensors Market?
North America was the largest region in the collision avoidance sensor Market in 2024
